Economy to grow at 7% in FY23 despite challenges; inflation to moderate: FinMin
India's growth momentum gathered in Q3 to be sustained in Q4, as reflected in high-frequency indicators, says the finance ministry.
cpi inflation
March 2023
February 2023
January 2023
December 2022
What’s keeping retail inflation above 6%? Here’s the 'culprit'
While cereals inflation is on an increasing trend for the past two years, the recent increase is "perplexing", says the latest SBI Research note
Retail inflation eases to 6.44% in Feb
Urban inflation rose to 6.1% in February from 6% in January while rural inflation declined to 6.72% in February from 6.85% in January.
Future rate hikes by RBI to either pause or be of lower magnitude: SBI
Notwithstanding the increase in CPI inflation, how the CPI is measured by CSO is also a worrying phenomenon, says the SBI Research report
Retail inflation rises to 6.52% in Jan; breaches RBI's upper limit
Food inflation, measured by the Consumer Food Price Index, rose to 5.94% in January.
RBI pegs GDP growth at 6.4% for FY24; cut inflation forecast to 6.5% for FY23
The GDP growth for Q1 of FY24 has been projected at 7.8%, for Q2 at 66.2%, Q3 at 6% and Q4 at 5.8%.
Economic Survey 2022-23: Inflation in India "did not creep" too far above RBI's target level
The RBI has projected the headline inflation in the country to remain at 6.8% in FY23, which is outside its target range of 6%.
India’s retail inflation cools to 5.72% in Dec 2022
CPI-based headline inflation falls to a one-year low; remains below the RBI’s upper threshold of 6% for the 2nd month in a row.
India’s retail inflation eases to 11-month low of 5.88% in Nov
Retail inflation falls within the RBI’s tolerance threshold of 4% (+/-2%) for the first time in 2022.
RBI retains FY23 inflation target at 6.7%; to keep 'Arjuna's eye' on rising costs
CPI inflation is expected to remain above the upper threshold of 6% in Q3 and Q4 of this fiscal, while it is likely to moderate in the first half of FY24.
